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Looking at the universe of stocks we cover at Dividend Channel, on 1/24/24, Royal Bank of Canada (Montreal, Quebec) (Symbol: RY), Lakeland Financial Corp (Symbol: LKFN), and Marsh & McLennan Companies Inc. (Symbol: MMC) will all trade ex-dividend for their respective upcoming dividends. Royal Bank of Canada (Montreal, Quebec) will pay its quarterly dividend of $1.38 on 2/23/24, Lakeland Financial Corp will pay its quarterly dividend of $0.48 on 2/5/24, and Marsh & McLennan Companies Inc. will pay its quarterly dividend of $0.71 on 2/15/24. As a percentage of RY's recent stock price of $99.62, this dividend works out to approximately 1.39%, so look for shares of Royal Bank of Canada (Montreal, Quebec) to trade 1.39% lower — all else being equal — when RY shares open for trading on 1/24/24. Similarly, investors should look for LKFN to open 0.75% lower in price and for MMC to open 0.36% lower, all else being equal.

Below are dividend history charts for RY, LKFN, and MMC, showing historical dividends prior to the most recent ones declared.

Royal Bank of Canada (Montreal, Quebec) (Symbol: RY):

Lakeland Financial Corp (Symbol: LKFN):

Marsh & McLennan Companies Inc. (Symbol: MMC):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 5.54% for Royal Bank of Canada (Montreal, Quebec), 3.02% for Lakeland Financial Corp, and 1.43% for Marsh & McLennan Companies Inc..

In Monday trading, Royal Bank of Canada (Montreal, Quebec) shares are currently up about 1.5%, Lakeland Financial Corp shares are up about 2.7%, and Marsh & McLennan Companies Inc. shares are up about 0.3% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

CCR shares outstanding history
TVE Historical Stock Prices
OEF YTD Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.